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Unable to withdraw on Binance ? Overview of possible reasons
You are looking to transfer your cryptocurrencies or your euros out of Binance , but impossible to withdraw on Binance ? This situation can result from multiple factors, ranging from a simple identity verification error to a blockage due to technical maintenance. Here, you will discover in detail the main reasons, the possible solutions and precise information to unlock your situation as quickly as possible and make your transfer from Binance .
Table of contents
Unable to withdraw on Binance ? This account verification can block a withdrawal
When Binance detects a concern for the validation of your identity, the platform may temporarily suspend access to your funds. A simple change of password, deactivating your two -factor authentication or prolonged inactivity can also trigger this restriction.
KYC procedure and anti-fraud controls
trading platforms , including Binance , impose KYC (Know Your Customer) type controls to combat scam and fraud . This includes the transmission of your official documents (passport, national identity card, driving license), validation of your bank details (IBAN) and the verification of your photo. Binance also follows the FATF (Financial Action Task Force) recommendations, which requires tracking any suspicious transfer. Therefore, if your KYC is not complete, your withdrawal of money from Binance will probably be refused.
The documents presented must be readable and correspond exactly to what Binance requires. If you have a doubt, you should consult the official tutorials or the Binancecustomer support. Successive validations may require a selfie with your identity document or taking a photo in real time via the Binanceapplication.
Suspension linked to two factors authentication
Activation of two -factor authentication (2FA) is an additional guarantee of security, but it can also cause problems. Any modification of this safety element sometimes causes a suspension of withdrawal for 24 hours, or even 48 hours. It is a precaution aimed at protecting your account in the event of theft of identifiers. During this time, even if you have a substantial amount to withdraw, Binance will block any outlet. At the end of this period, you will have access to the withdrawal functionality again.
Abnormal activities detected
Binance surveillance tools are continuously looking for reasons for money laundering or account usurpation. At the slightest alert, the system can decree a blocked withdrawal. An unusual volume of trading, successive connections from different IP addresses or a large number of withdrawal attempts in a short time can trigger this measure. When this happens, you generally receive an email reporting a "suspicious activity". It then becomes essential to prove that you are the legitimate owner of the account. An anti-escroquerie questionnaire may be asked, as well as a waiting period before you can try again to withdraw your cryptocurrencies or your euros.
Unable to withdraw on Binance : technical maintenance incident
Sometimes the withdrawal remains impossible, not because of your account, but because the platform performs technical updates. Binance regularly performs maintenance on its online wallets to correct potential flaws and improve the speed of transactions.
Programmed Wallet interview
A message indicating " portfolio " may appear. In this case, the deposits and withdrawals associated with the cryptocurrency concerned are temporarily inaccessible. There is no immediate solution except to wait. Binance generally publishes official announcements to communicate the maintenance time slots. When the work ends, the withdrawal becomes available.
Network congestion
Several blockchains like Ethereum, Bitcoin or the Binance Smart Chain can undergo traffic spikes. Gas costs increase, block confirmations take more time and the platform sometimes chooses to temporarily freeze withdrawals, in order to prevent too expensive or too long transactions.
In these moments, you will see your request marked as "in progress" or "blocked due to congestion". Deadlines may vary from an hour to more than 24 hours depending on the severity of the size. The duration of treatment also depends on the number of confirmations required on the blockchain. Bitcoin, for example, requires an average of 6 confirmations to validate a transfer, while the Binance Smart Chain can be faster.
Impossible to withdraw on Binance : limits and banking restrictions
Withdrawal problems do not always come from Binance. Some banking establishments refuse or block transfers from a crypto platform deemed at risk. Online banks like Fortuneo or Revolut are sometimes more flexible, but can cause technical error messages.
SEPA transfer problems
euro zone , the SEPA transfer remains a popular means to withdraw euros. However, the receiving bank can reject the transaction if it detects a BIC or IBAN code deemed unusual or if it maintains a strict policy regarding transfers from cryptocurrency sites. In addition, Binance has faced partnership breaks with certain payment processors (for example Paysafe), making the SEPA withdrawn complicated for several days. When these services are no longer operational, you can see a message indicating that your bank transfer is not available.
Unable to withdraw on Binance : technical errors and temporary blockages
An error message, as "a technical error has occurred", can occur when entering the SMS code to finalize the withdrawal. The causes are varied: dysfunction of the Binanceapplication, problem of receipt of validation SMS or maintenance of third -party systems.
Reception of the SMS code
If you do not receive the SMS code supposed to validate your withdrawal, the fault may fall to your telephone operator. A blocking of short messages is sometimes programmed, especially abroad. You should check the SMS+ option or contact your operator to allow reception of this type of codes. Binance also recommends having a main mobile phone number which does not undergo aggressive filtering.
FIAT flow debit card and withdrawals
Some users prefer to remove using the Binancedebit card. They thus transfer their cryptocurrencies to euros in the "Fiat and Spot" tab, then pay with the card or remove from a compatible distributor. However, if the Binance card faces a restriction in your country or if you exceed the limit of the card, the withdrawal becomes impossible. The daily limits vary according to your account verification level. Monitoring these ceilings remains essential.
Unable to withdraw on Binance : portfolio maintenance and hard forks
Sometimes, withdrawals from Binance are blocked due to portfolio maintenance , which allows you to update the blockchain concerned. One of the frequent causes of this maintenance is a hard fork .
A hard fork is a major blockchain update that leads to a break with its previous version. Imagine that a road is divided into two: some users continue on the old way, while others take a new direction. This split can make certain transactions incompatible with the new version of the network.
When a hard fork takes place, Binance must ensure that his servers (called knots ) are well configured to operate with the update version of the blockchain. During this process, the platform temporarily suspends the withdrawals and deposits of the cryptocurrencies concerned to avoid any risk of loss of funds.
Depending on the type of hard fork, Binance also checks whether users should receive new tokens . This is what happened with certain Bitcoin updates, which have given birth to distinct cryptocurrencies like Bitcoin Cash. During this adaptation period, it is necessary to wait until the end of maintenance to find normal access to withdrawals.
Impossible to withdraw from Binance : withdrawal limits and the waiting period
After certain sensitive operations such as resetting your password or deactivating Google authentication, Binance requires a waiting period varying from 24 to 48 hours. During this period, you will see a status "suspended withdrawal". There is no way to lift this lock manually. The platform is uncompromising to protect your funds from fraud.
In some cases, Binance even extends this period to 72 hours if you have completely reset your 2FA authentication. It may seem frustrating, especially when you have an urgent need to transfer your cryptocurrencies, but it is one of the most effective defense mechanisms against account hacking.
Minimum amount and maximum amount
Each crypto has a minimum withdrawal threshold. For Bitcoin, for example, it is often necessary to remove at least 0.001 BTC. For Ether, this minimum can be different. If you try to withdraw an amount lower than this threshold, the transaction will be automatically refused. Conversely, some unaccussional or partially checked accounts come up against maximum limits. This also varies depending on the country and the method used (SEPA, instant transfer, bank card).
Impossible to withdraw on Binance : the role of multiple blockchain networks
Binance sometimes offers several networks to remove the same cryptocurrency: Ethereum (ERC-20), Binance Smart Chain (BEP-20), Binance Chain (BEP-2), Tron (TRC-20), etc. Selecting the wrong network may make it impossible to withdraw or cause definitive loss. For example, if your personal wallet does not support the TRON network, you will never receive your USDT if they are sent to TRC-20.
When you confirm a withdrawal, always check:
- Network compatibility with your destination portfolio.
- Network costs that may vary from one protocol to another.
- The format of the target address (some BSC addresses begin with "0x" as on Ethereum, which can be confused).
Impossible to withdraw on Binance : case of closing of account or frozen balance
In rare situations, Binance can decide to close an account if there is suspicion of illegal activities or if it is not in good standing with local legislation. If you are in this scenario, you could discover that your funds are inaccessible for a certain period of time. The compliance teams will then conduct surveys to verify the origin of your cryptocurrencies.
If you have a concern for solvency or if you are linked to a money laundering file, the platform can transmit data to the competent authorities and block your withdrawals. It is therefore crucial to respect the anti-laundering rules and to declare your earnings transparently.
Impossible to withdraw on Binance : solutions to bypass an impossible withdrawal
Various strategies arise when you come up against the impossibility of withdrawing your funds. Some solutions are fast, others require more complex approaches.
Contact Binance customer support
If the cause of the blocking is not obvious, the first step is to open a ticket or start a live cat with Binancecustomer support. Explain the situation, join screenshots if necessary and provide transaction references. The support will guide you to unlock the situation, whether it is a simple forgetting of KYC validation or a technical problem.
Use a more "crypto-friendly" bank
Users meet repeated failures when they try a transfer to a traditional French bank. To avoid this kind of blockage, some turn to digital banks like Revolut, Vivid or N26, which are more open to transfers linked to cryptocurrencies. A revolut account can be opened in a few minutes. You just need to supply your Binance via Revolut or Binance funds to your Revolut IBAN. The failure rate is less, although each establishment can change its policy at any time.
Transfer to another Crypto exchange
In some cases, you can exchange your cryptocurrencies on Binance for USDT, then send these USDT to another platform whose Fiat gateway is functional. Bitvavo, crypto.com or other Exchanges sometimes offer a simpler withdrawal in Euro. Note that this often involves transaction costs (network fees, more possible costs of the second Exchange).
Convert to gift cards or vouchers
Third -party services like Bitrefill allow you to convert your assets to Amazon, Carrefour, Leroy Merlin vouchers or other brands. This method is not a "bank withdrawal" as such, but it can help out if you want to use your profits immediately for online purchases. However, you must check the ceilings and check that a gift voucher for the desired store is available. Not everyone will find their interest in it, especially if you really want to repatriate your euros to your bank account.
Impossible to withdraw on Binance : the precautions to be taken to avoid a blocked withdrawal
It is possible to minimize the risks of finding yourself in the face of an impossible withdrawal. Some good practices help anticipate most of the problems.
Regular updates of account information
Avoid changing an email address, phone number or password too frequently. Each modification is accompanied by a potential suspension. If you have to make a big withdrawal, plan to maintain your stable account for at least a week, until all security deadlines are expired.
KYC validation before feeding the account
Make sure that your account is completely validated prevents you with unpleasant surprises. Upon opening your Binanceaccount, finalize the identity verification procedure, including the higher validation levels if they are available. This may involve sending a proof of address or biometric verification. The more you are checked, the higher your FIAT withdrawal limits, the less likely you risk being refused.
Follow -up of official announcements
Binance regularly communicates on service interruptions related to portfolio maintenance or banking partnerships. Stay informed of news, via official channels, warns many frustrations. An RSS feed or a newsletter subscription can alert you sudden changes in conditions.
Tax transparency
As the regulatory environment is intensifying, especially in Europe and France, exchanges collaborate more with regulatory organizations. Correctly declare your gains and declare transfers from and to your bank account protects against suspicions of fraud. If your bank suspects an illegitimate source of funds, it can block the transfer and contact Binance for investigation.
Impossible to withdraw on Binance : references and statistics on blocked withdrawals
According to several user forums and satisfaction surveys, the majority of blocked withdrawal cases come from unfinished checks or temporary maintenance. The rest is divided between banking bond problems, dysfunctions when the SMS code is sent and suspicions of illicit activities.
Globally, Binance brings billions of dollars to cryptocurrencies every day. During peak periods, as during a bull run , the networks undergo frequent congestion. This leads to sometimes very long delays. An internal study carried out by Binance BTC withdrawals has shown that in period of network stress, the confirmation time can triple, from an average of 10 minutes to almost 30 minutes.
Impossible to withdraw on Binance : summary of the main factors and tracks of solution
An impossible withdrawal can be linked to a simple forgetting of KYCvalidation, a suspension due to security, a network congestion or a technical update of Binance. Check the condition of your identifiers (email address, password, 2FA), the conformity of your identity documents and the compatibility of your bank with the crypto transfers is among the essential steps to be made before drawing the alarm.
If your account displays a blocked balance or receive a message signaling a suspended withdrawal, take the time to browse the history of your account and make sure you have not recently changed your safety information. Consult Binance 's announcements and, if nothing is related to it, contact customer support.
Until the situation is unlocked, you can study other ways, such as the opening of a bank account more favorable to crypto transactions, the transfer to another Exchange or the use of gift cards. These options do not necessarily replace a real withdrawal in euros, but they can constitute temporary solutions.
Conclusion: Overcoming blocking and protecting its assets
If it is impossible to withdraw on Binance it is not necessarily final. The main causes are generally linked to safety, maintenance or banking incompatibilities. In most cases, blockages are simply resolved by following the verification procedures, by waiting during maintenance or by choosing a network and a compatible bank. The key is to understand in detail the requirements of the platform, to anticipate possible deadlines and to respect the local rules concerning the trading of cryptocurrencies.
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Yohan Uzzan
Training engineer, I quickly became interested in the field of finance. Convinced that decentralized finance has a bright future ahead of it, I participate in its democratization by developing Crypternon.
